Nigeria seeks to amend deep offshore oil act to raise crude revenueReutersABUJA (Reuters) - Nigeria is seeking to amend a law on deep offshore oil exploration and drilling, aiming to increase government revenue from crude sales when prices exceed $20 a bar …

Chron.comBlown oil rig leaves rotten smell in Fort Bend, Brazoria countiesChron.comFor the past week, 50 to 60 workers have been mopping up oil and removing the oil-soaked dirt from the area; much of the oil will be recycled. So far, the equivalent of abou …

Al-ArabiyaIraq and Iran sign Kirkuk oil export contract: Iraqi oil officialReutersDUBAI (Reuters) - Iraq has signed an agreement with Iran to export crude oil from its Kirkuk oilfield with a rate of between 30,000 and 60,000 barrels per day, an Iraqi oil o …

Oil Markets Calm After OPEC StormOilPrice.comResearchers at MIT have discovered a flaw in the EIA's official forecast, which might mean that the agency is vastly overstating the potential growth of oil and gas production. “The EIA is assuming that prod …

UPDATE 2-Nigeria's parliament passes 2018-2020 budget framework, raises oil price estimateReutersNigeria is Africa's biggest oil producer and crude oil sales make up two-thirds of government revenue. In the second quarter Nigeria emerged from its f …

ReutersOPEC And Russia Blinked, But The Oil Bulls Aren't Ready To Run, YetSeeking AlphaThe anticipation is over and the results of OPEC's 173rd meeting are in. As expected, the cartel with Russian cooperation extended production cuts through 2018 t …

ReutersJane Goodall urges US Senate to halt quest for Arctic refuge oilReutersWASHINGTON (Reuters) - British primatologist Jane Goodall sent a letter to every U.S. senator on Tuesday urging them to oppose a push in the U.S. Congress to allow oil drilling i …

Sacramento BeeConnelly: A gusher of oil money flows in two state election racesseattlepi.comOil refiners and developers of a proposed Vancouver, Wash., oil terminal have channeled more than $1 million into two election races, a Port of Vancouver commission …

ReutersDemocrats fail to block Arctic reserve oil drillingReutersSenator Jeff Merkley, another Democrat, has said there is “something cynical and sad” about the effort to open ANWR because it would boost oil output from the state feeling the fastest effect …

News24Nigeria state oil firm denies minister's allegation of poor transparencyReutersLAGOS (Reuters) - Nigeria's state oil company on Monday said allegations by the oil minister that the conduct of its group managing director lacked transparency we …